194
194
Nov 6, 2012
11/12
by
WMPT
tv
eye 194
favorite 0
quote 0
so jeffing i'm sure a lot of people are asking you is obama on romney better for the markets. and what dow say, without is better for stocks? >> well, it's complex answer because it really matters what the whole complexion of washington looks like t really comes down in many cases to who wins in the senate. do we have a gop sweep with a romney win or do you still have a democratic senate that can really change the complexion of what this lame duck lex looks like and what the status quo election may lend itself to a quick res luig of a lame duck session so a lot depends not just on the without wins the oval office but its next two years in congress looks like. >> susie: so talk us through that. let's say president o ba am a wins the election but you have republicans dominating in congress. what does that mean for the stock market. and vice versa, if romney becomes president romney and he has a democratic congress, if he has to grapple with. >> i will service its second one first, if romney has to deal with a democratic congress, really a democratic senate the house probably sta
so jeffing i'm sure a lot of people are asking you is obama on romney better for the markets. and what dow say, without is better for stocks? >> well, it's complex answer because it really matters what the whole complexion of washington looks like t really comes down in many cases to who wins in the senate. do we have a gop sweep with a romney win or do you still have a democratic senate that can really change the complexion of what this lame duck lex looks like and what the status quo...
188
188
Nov 8, 2012
11/12
by
WETA
tv
eye 188
favorite 0
quote 0
with president obama being re-elected and status quo in terms of the balance of power on capitol hill, what can we expect in terms of banking regulations going forward? >> clearly more regulations. banks are going to have to be stronger. they're going to have to come up with these plans, what happens if they get into trouble. but much more regulation across-the-board. >> tom: what does it mean for shareholders? >> shareholders are being to have some issues with financial stocks. clearly because these additional kline's costs are going to mean greater costs overall to the banks and not as much profit. so the stronger banks will get in the different areas but so many of the weaker banks will have to be merged out. >> tom: another big voice for banking regulations will now be in the united states senate, this is elizabeth warren. she was elected as a democrat from massachusetts for the u.s. senate on election day. she has got quite the resume as chair of the tarp oversight committee and a special advertiser, was a special advertiser to the consumer financial protection board. what does s
with president obama being re-elected and status quo in terms of the balance of power on capitol hill, what can we expect in terms of banking regulations going forward? >> clearly more regulations. banks are going to have to be stronger. they're going to have to come up with these plans, what happens if they get into trouble. but much more regulation across-the-board. >> tom: what does it mean for shareholders? >> shareholders are being to have some issues with financial...
170
170
Nov 24, 2012
11/12
by
KQEH
tv
eye 170
favorite 0
quote 0
. >> reporter: during the campaign season, president obama visited college campuses, with a big goal. he wants to cut the growth of tuition prices in half over the next decade. to do it, he'll have to curb a steady upward trend that spans over several decades. just this year, in-state tuition for public colleges is up by almost 5%. for two-year colleges, in-state tuition jumped almost 6%. the average sticker price for private colleges this year is up by about 4% from last year. the president has proposed controlling tuition growth by expanding a few federal programs like some student loans and work study programs, but reducing those funds for colleges and universities that raise tuition too much and too fast. >> right now the federal government, just this past year, gave out $187 billion in federal financial aid and for the most part that was without strings attached to it and the president is proposing to take a small percentage of those dollars and try to leverage them to go to schools that provide good value for students. >> reporter: but this proposal wouldn't affect most federal
. >> reporter: during the campaign season, president obama visited college campuses, with a big goal. he wants to cut the growth of tuition prices in half over the next decade. to do it, he'll have to curb a steady upward trend that spans over several decades. just this year, in-state tuition for public colleges is up by almost 5%. for two-year colleges, in-state tuition jumped almost 6%. the average sticker price for private colleges this year is up by about 4% from last year. the...
291
291
Nov 15, 2012
11/12
by
WETA
tv
eye 291
favorite 0
quote 0
." >> susie: tomorrow is a big deadline for president obama's health care insurance reform. it's the day states across the country must decide if they will be setting up their own health insurance exchanges, or if they will opt out and let the government do it for them. sylvia hall takes a look at the exchanges, how they'll work, and how they will impact the way americans pay for care. >> reporter: the idea behind state health insurance exchanges is pretty simple-- the uninsured will have a central place to shop for health insurance. all plans will meet minimum coverage requirements and no one is turned down. in exchange, health insurance companies get more healthy customers, costing them less, because virtually everyone is required to buy health insurance. for those who can't afford it, the federal government provides subsidies. >> it's a little bit of a grand bargain that's been struck with the insurance industry-- you stop doing some of that cherry- picking behavior that's been so problematic, and in return, we'll guarantee you that there will be a steady stream of custom
." >> susie: tomorrow is a big deadline for president obama's health care insurance reform. it's the day states across the country must decide if they will be setting up their own health insurance exchanges, or if they will opt out and let the government do it for them. sylvia hall takes a look at the exchanges, how they'll work, and how they will impact the way americans pay for care. >> reporter: the idea behind state health insurance exchanges is pretty simple-- the...
163
163
Nov 15, 2012
11/12
by
KRCB
tv
eye 163
favorite 0
quote 0
president obama says he's open to new ideas, on raising government revenues, but eliminating tax deductions for the rich doesn't go far enough. >> susie: i'm susie gharib. stocks slide to four-month lows, on worries that a fiscal cliff deal is a still a long way off. >> tom: and with a national health care insurance overhaul underway, a company's share of health insurance has risen at its smallest pace in a decade. >> susie: that and more tonight on "n.b.r."! >> tom: with 47 days left for president obama and congress to agree on avoiding a combination of higher taxes and government spending cuts, the president today said he won't extend tax cuts for people who don't need them. that hard line came during a white house press conference just as a negotiations with republican leaders get underway to avoid the fiscal cliff. as darren gersh reports from washington, even before republicans and democrats sit down to talk on friday, both sides are laying down markers. >> reporter: just two days before he meets with congressional leaders, the president took a tougher tone on budget talks. in his news
president obama says he's open to new ideas, on raising government revenues, but eliminating tax deductions for the rich doesn't go far enough. >> susie: i'm susie gharib. stocks slide to four-month lows, on worries that a fiscal cliff deal is a still a long way off. >> tom: and with a national health care insurance overhaul underway, a company's share of health insurance has risen at its smallest pace in a decade. >> susie: that and more tonight on "n.b.r."!...
129
129
Nov 13, 2012
11/12
by
WETA
tv
eye 129
favorite 0
quote 0
traders are waiting to hear what happens at an important white house meeting on friday between president obama and congressional leaders. they will be talking about ways to solve the so-called "fiscal cliff" dilemma. investors appear cautious about making any big moves until they know whether the cliff will trigger increases in capital gains and dividend taxes. the dow fell almost 59 points, the nasdaq lost 20, and the s&p was down five. meanwhile, in washington, congress returned to work for the first time since september. lawmakers face a long "to-do list," and getting a deal on that fiscal cliff is right at the top. darren gersh reports. >> reporter: it was freshman welcome day in washington. senate republican leader mitch mcconnell lost ground in the election, but he posed for the cameras with the three new senators who will be joining his side of the aisle in january. in the house, minority leader nancy pelosi beamed as she presented the new faces adding to democratic ranks in the coming congress. gi given what awaits these new lawmakers in january, you might wonder why they want the job.
traders are waiting to hear what happens at an important white house meeting on friday between president obama and congressional leaders. they will be talking about ways to solve the so-called "fiscal cliff" dilemma. investors appear cautious about making any big moves until they know whether the cliff will trigger increases in capital gains and dividend taxes. the dow fell almost 59 points, the nasdaq lost 20, and the s&p was down five. meanwhile, in washington, congress returned...
314
314
Nov 29, 2012
11/12
by
KQED
tv
eye 314
favorite 0
quote 1
." >> susie: a parade of business leaders in washington today to persuade president obama and congress to avoid the fiscal cliff. with just 33 days left to nail down a deal, c.e.o.s made the rounds to explain to lawmakers that because of cliff gridlock, they're holding back on hiring and spending. as darren gersh reports, c.e.o.s weren't the only ones campaigning hard today. >> reporter: the president and republicans focused today on staging events designed to pressure the other side. the president called on americans to tweet, facebook and call members of congress to tell them to pass tax cuts for everyone making less that $250,000 a year. >> 97% of small businesses would not see their income tax go up by a single dime. even the wealthiest americans would still get a tax cut on the first $250,000 of their income. >> reporter: the speaker dismissed a call from a fellow republican to give the president what he wants, saying it's not good economics to raise tax rates on small businesses. >> going over the fiscal cliff will hurt our economy and hurt job creation in our country. this is no
." >> susie: a parade of business leaders in washington today to persuade president obama and congress to avoid the fiscal cliff. with just 33 days left to nail down a deal, c.e.o.s made the rounds to explain to lawmakers that because of cliff gridlock, they're holding back on hiring and spending. as darren gersh reports, c.e.o.s weren't the only ones campaigning hard today. >> reporter: the president and republicans focused today on staging events designed to pressure the...
161
161
Nov 14, 2012
11/12
by
WETA
tv
eye 161
favorite 0
quote 0
>> tom: with 47 days left for president obama and congress to agree on avoiding a combination of higher taxes and government spending cuts, the president today said he won't extend tax cuts for people who don't need them. that hard line came during a white house press conference just as a negotiations with republican leaders get underway to avoid the fiscal cliff. as darren gersh reports from washington, even before republicans and democrats sit down to talk on friday, both sides are laying down markers. >> reporter: just two days before he meets with congressional leaders, the president took a tougher tone on budget talks. in his news conference, he pushed hard for an immediate extension of tax cuts for everyone making less than $250,000 a year. >> and by the way, that means every american, including the wealthiest americans get a tax cut. it means that 98% of all americans, and 97% of all small businesses won't see their taxes go up a single dime. the senate has already passed a law like this. democrats in the house are ready to pass a law like this and i hope republicans in the house
>> tom: with 47 days left for president obama and congress to agree on avoiding a combination of higher taxes and government spending cuts, the president today said he won't extend tax cuts for people who don't need them. that hard line came during a white house press conference just as a negotiations with republican leaders get underway to avoid the fiscal cliff. as darren gersh reports from washington, even before republicans and democrats sit down to talk on friday, both sides are...
149
149
Nov 7, 2012
11/12
by
KQEH
tv
eye 149
favorite 0
quote 0
polls show that president obama r romney are in a tight race. ultimately, voters in a few key states will have the final say on who wins the white house. florida is one of tho important battleground states. tom is in miami with more. tom. >> tom: susie, florida is the biggest swing state ize with the most electoral votes up for grabs.iz the economy, healthcare and immigration all are on display here with florida's diverse and growing population. voters in south florida today packed their umbrellas for the hot sun, and tience in some precincts. it's been a tight race in the sunshine state. compared to four years ago, it was a harder time deciding whom to vote for, for her. >> thisti time it came to the nitty gritty, they were fighting about real things, jobs, health car and i think they bo c have very good points. >> reporter: for her the decision came down to health medical insurance coverage, supporting president ama's effort to reform the industry. but natalie felt differently. >> there's a lot of changes in health care that really are not goi
polls show that president obama r romney are in a tight race. ultimately, voters in a few key states will have the final say on who wins the white house. florida is one of tho important battleground states. tom is in miami with more. tom. >> tom: susie, florida is the biggest swing state ize with the most electoral votes up for grabs.iz the economy, healthcare and immigration all are on display here with florida's diverse and growing population. voters in south florida today packed their...
152
152
Nov 2, 2012
11/12
by
WMPT
tv
eye 152
favorite 0
quote 0
i mean, certainly the obama administration would have wanted to see these relatively strong job numbers three months ago because the standard sort of political wisdom is that you need about six months of job improvement for people to actually feel better and for the incumbent to benefit. this good news is coming a little late for the president. it's ironic, whoever wins is going to inherit an improving job market. >> tom: of course it comes plenty of early voting already under way across the united states. in washington, d.c. tonight, it's our bureau chief, darren gersh. >> reporter: thanks, tom. >> tom: still ahead, the new york city marathon is cancelled. what it means for advertisers of this world class event. that encouraging employment report didn't do much for stocks on wall street. stocks opened higher, but sellers took over. the dow closed down 139 points, the nasdaq lost almost 38 points, the s&p closed off 13. for the week, the dow fell 0.1%. the nasdaq was down 0.2%. the s&p gained 0.2% this week. we'll talk more about the markets a little later in the program with our friday
i mean, certainly the obama administration would have wanted to see these relatively strong job numbers three months ago because the standard sort of political wisdom is that you need about six months of job improvement for people to actually feel better and for the incumbent to benefit. this good news is coming a little late for the president. it's ironic, whoever wins is going to inherit an improving job market. >> tom: of course it comes plenty of early voting already under way across...
146
146
Nov 27, 2012
11/12
by
KQED
tv
eye 146
favorite 0
quote 0
the obama administration's economists estimate consumers would spend about $200 billion less next year than they would have otherwise. congress and the administration have only a few more weeks to nail down a deal. but that deal will have to address some tough issues, including entitlement reform. darren gersh explains. >> reporter: the big money in entitlements is in health care, and that means any grand bargain to avoid the fiscal cliff will slice away at one of the nation's most popular programs. >> medicare is clearly in the gunsights. >> reporter: it's possible congress and the president could agree to save $300 to $400 billion from medicare by cutting fees for doctors and hospitals. but analysts worry slashing payments won't make the health care system more efficient. >> this is not really a way to structurally change medicare and if you don't change the underlying incentives, you don't get long-term savings. >> reporter: progressives at the center for american progress say the government could save close to $150 billion by squeezing the prices the government pays for drugs. but
the obama administration's economists estimate consumers would spend about $200 billion less next year than they would have otherwise. congress and the administration have only a few more weeks to nail down a deal. but that deal will have to address some tough issues, including entitlement reform. darren gersh explains. >> reporter: the big money in entitlements is in health care, and that means any grand bargain to avoid the fiscal cliff will slice away at one of the nation's most...